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Torq Resources Partners with Gold Fields on Chilean Project

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Torq Resources Partners with Gold Fields on Chilean Project

Torq Resources Inc (TSE:TORQ) has released an update.

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Torq Resources Inc. has announced a partnership with Gold Fields Limited, outlining a plan where Gold Fields can earn up to a 75% interest in Torq’s Santa Cecilia copper-gold project in Chile by investing US$48 million over six years. The Santa Cecilia project is strategically located in a renowned mining region and the deal is contingent upon shareholder approval and the completion of Gold Fields’ due diligence.

For further insights into TSE:TORQ stock, check out TipRanks’ Stock Analysis page.

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